Answer: Net Pension liability of $29 million
Explanation:
A net pension liability will be reported when the obligations of the employer which is the Projected benefit obligation, exceeds the Plan assets because the company has less resources than required to satisfy its obligations.
A net pension asset will be when the Projected Benefit Obligation (PBO) is less than the Plan assets.
In this case, there will be a Net pension liability of;
= PBO - Plan assets
= 75 - 46
= $29 million
Answer:
2%
Explanation:
To get the annual growth rate of real GDP per capita, the rule of 70 is employed.
The rule of 70 refers to technique to is used to calculate the numbers of years an investment, real GDP per capita, an investment, or any other amount will take to double. The formula for the rule of 70 is given as follows:
Number of years to double = 70 ÷ Annual growth rate ............... (1)
Since number of years to double is 35 as given in the question, we then substitute for it in equation (1) and solve for annual growth rate as follows:
35 = 70 ÷ Annual growth rate
Rearranging, we have:
35 × Annual growth rate = 70
Annual growth rate = 70 ÷ 35
Annual growth rate = 2
Note that the 2 obtained above conventionally mean 2%.
Therefore, the annual growth rate of real GDP per capita for this economy is 2%.
With regards to a firms product line, a cost leadership strategy would strive for Focused section of the market while a differentiation strategy would strive for broad cross section of the market.
<h3>
What is Expansion Strategy?</h3>
An expansion strategy can also de defined as a growth strategy. The major concern of business firms is to achieve faster growth, compete, achieve higher profits, grow a brand, capitalize on economies of scale, have greater impact, or occupy a larger market share.
There are basically two types of expansion strategies, they include
- Cost leadership
- Differentiation Strategy.
Learn more about Expansion Strategy at
#SPH1
Answer:
$564.98
Explanation:
For computing the allocated amount of product H2, first we have to determine the overhead rate which is shown below:
Overhead rate = Total manufacturing overhead ÷ Total direct labor-hours
= $274,468 ÷ 3,692 direct labor hours
= $74.34 per hour rate
Now the overhead allocated amount would be
= Overhead rate × Direct labor hours per unit of product H2
= $74.34 × 7.6
= $564.98
Free market economies offer distribution methods for goods and services based on ''price''.
Answer: C) Price.